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What is the cause of slow down in appraisal order?
July 14th, 2022 7:26 AM
In recent months we have seen a dramatic decline in the number of appraisal orders from AMC's. Why? 
The main reason is the hike in interest rates and the seller's refusal of lowering the sales prices. The buyers have to adopt themselves to higher interest rates and the sellers of real estate properties have to lower their expectations. These two forces of demand and supply will eventually create an equilibria in the market, and consequently the number of orders will pick up. 
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Tony Kiani

Posted by Tony Kiani on July 14th, 2022 7:26 AMPost a Comment

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